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BUSINESS FOR SALE - PROFILE #  42060165

Established Painting with a Twist In Oklahoma
Oklahoma City

Asking Price: $85,000   Down Payment: $85,000  
Gross Revenue: $212,978   Adj. Cash Flow*: $17,076  
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Executive Summary
Social Painting with Purpose & Entertainment is a newer concept that is rapidly expanded. It combines art within a social, fun environment. It is not necessarily fine art, but is definitely fun art! If you love art as a vehicle for purpose & entertainment, and would love to introduce people to their creative side, the Painting with a Twist® brand & business is for you. It is fun and simple to run. All of the art is produced and copyrighted by Painting with a Twist®. Your customers will enter into a pleasurable, innovative environment, where they will experience firsthand the excitement of creating their own work of art. This location in a desirable suburb of Oklahoma City that we have listed for sale opened in 2014. The concept has been so popular & successful that the franchise system already has 325 studios across the U.S. 98% of all franchised locations remain open, a high success rate few franchises attain. 45% of the franchisees own multiple locations, another sign of success & satisfaction with the brand and the company. Through the years that Painting with a Twist® has been in business, they have developed systems & procedures that ensure a successful working relationship. The systems & relationship support are built for long-term growth and unparalleled value for every franchisee. By acquiring this franchise and going through the corporate training program, your success is greatly enhanced. This location opened as a second location, 300 miles from the owner's home. It has been difficult for the owner to nuture the business from afar, thus the reason for selling. This business has the potential to grow with an active owner/operator. Quite simply, it is best for an acquirer of a business to purchase an existing business with the aforementioned attributes such as this one than starting up this concept as a new startup. This business has already gone through the time consuming, financial commitment to building out the location & building the customer base, so why start from scratch?. If you have a passion to deliver a rewarding experience to your guests and consider yourself a people person, then this business is a fit for you!

Acquisition Highlights

  • Absentee owned business would be better served by a local owner. The franchise brand is the best performing brand in the sip & paint category.
  • Thursday - Sunday, otherwise events are scheduled on Monday - Wednesday by special arrangement.
  • This business is not cash flowing but should upon new, energized owners
  • Clean and decorated to the franchisor's latest environmet regulations
  • Started in 2014
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2014 Inventory:
Employees: 7 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Larry Lane
Phone:  (214) 733-8282
Fax:  (972) 542-7644
E-mail:  llane@vrdallas.com
VR Business Brokers - North Dallas, TX
17950 Preston Rd. #760
Dallas, TX 75252
www.vrdallas.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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